$800,000
SOLD JAN 22, 2025

955 Earnest Jones Rd Apex, NC 27523

6 Acres
$136,752 Price per Acre
254,826 Sq Ft Lot

Recently Sold

$941 Per Sq Ft

18 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Grass Field
  • North Chatham Elementary School Rated A-
  • No HOA
  • Greenbelt

About This Lot

As of January 2025

Phenomenal Investment opportunity in one of the most sought out areas in Northeast Chatham Co. 5.847 acres approximately half open and half wooded-Apex address The Town of Cary owns hundreds of acres adjoining this tract with future plans for a park ( no specific plans available yet). Wait for sewer for premium residential subdivision. Property borders The American Tobacco Trail. No showing on house until under contract .Well is 142 feet deep and produces 15 GPM. House is sold as is. Seller is interested in leasing back for a period of up to one year or longer. Owner of adjoining property has First Right of Refusal. Do not enter property without an appointment through Showing Time. Boundary lines bordering Town of Cary blazed in purple paint and orange flagging tape. Easy to follow.

Last Agent to Sell the Property

Eric Swartz

Landco Realty License #112733 Listed on: 11/09/2024

Last Buyer's Agent

Sirisha Bhimi

Evershine Properties, Inc. License #283966

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,108

Year Built

  • 1978

Lot Details

  • 5.85 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Wooded Lot
  • Landscaped with Trees

Parking

  • Driveway

Property Views

  • Woods
  • Forest

Schools

  • Pittsboro Elementary School
  • Horton Middle School
  • Seaforth High School

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Well
  • Conventional Septic
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 19986

Community Details

Overview

  • No Home Owners Association
  • Greenbelt

Amenities

  • Workshop Area

Property Details

Property Type

Land

Est. Annual Taxes

$3,108

Year Built

1978

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: State Road, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 0
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Vegetation Wooded2: Yes
  • Utilities Electricity Connected: Yes
  • Vegetation Grassed: Yes
  • View TreesWoods: Yes
  • Road Frontage Type State Road: Yes
  • View Forest: Yes
  • Lot Features Driveway2: Yes
  • Sewer Conventional3: Yes
  • General Property Information Lot Size Square Feet2: 254695.32
  • General Property Information Lot Size Acres: 5.847
  • Association Amenities Workshop Area: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands
  • Year Built: 1978

Interior Features

  • Possible Use: Multi-Family, Residential, Subdevelopment

Exterior Features

  • Acres: 5.85
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Greenbelt: Yes

Utilities

  • Utilities: Electricity Connected
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Horton

Lot Info

  • Zoning: R-1
  • Current Use: Single Family
  • Development Status: See Remarks
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 254695.32
  • ResoLotSizeUnits: Acres
  • Wooded Area: 3.0
  • Parcel #: 19986
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3108.4
  • Tax Year: 2024
  • Tax Map Number: 072400083865

MLS Schools

  • Elementary School: Chatham - Pittsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Jan 8, 2025
Sold by
Key Barry S
Bought by
Four Star Holdings Llc
Seller's Agent
Eric Swartz
Landco Realty
Buyer's Agent
Sirisha Bhimi
Evershine Properties, Inc.
List Price
$800,000
Sold Price
$800,000
Total Days on Market
18
Views
14
Current Estimated Value
$770,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,478
Avg. Annual Appreciation
-9.18%
Original Mortgage
$400,000
Outstanding Balance
$398,930
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$371,592

Purchase Details

Closed on
Dec 31, 1996
Bought by
Key Barry S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 None Listed On Document
Warranty Deed $800,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Credit Line Revolving
Closed $400,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $800,000 0.0% $941 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
11/09/2024 11/09/24 For Sale $800,000 -- $941 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,834 $332,286 $257,042 $75,244
2023 $1,445 $332,286 $257,042 $75,244
2022 $1,445 $332,286 $257,042 $75,244
2021 $2,211 $332,286 $257,042 $75,244
2020 $1,245 $252,011 $194,603 $57,408
2019 $2,211 $252,011 $194,603 $57,408
2018 $2,092 $252,011 $194,603 $57,408
2017 $2,092 $252,011 $194,603 $57,408
2016 $1,840 $215,767 $162,169 $53,598
2015 $1,814 $215,767 $162,169 $53,598
2014 -- $215,767 $162,169 $53,598
2013 -- $215,767 $162,169 $53,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10062649

Doorify MLS

APN: 19986